RDYY vs. RDDT

Last updated Jun 24, 2026

RDYY (YieldMax RDDT Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax, while RDDT (Reddit, Inc.) is a stock. With a 0.98 correlation, they move nearly in lockstep.

Performance

RDYY vs. RDDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax RDDT Option Income Strategy ETF (RDYY) and Reddit, Inc. (RDDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RDYY achieves a -23.45% return, which is significantly higher than RDDT's -27.95% return.

RDYY

• 1D: -2.17%
• 1M: 14.72%
• YTD: -23.45%
• 6M: -22.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RDDT

• 1D: -2.82%
• 1M: 16.91%
• YTD: -27.95%
• 6M: -26.65%
• 1Y: 23.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RDYY vs. RDDT - Yearly Performance Comparison

	2026 (YTD)	2025
RDYY YieldMax RDDT Option Income Strategy ETF	-23.45%	-5.31%
RDDT Reddit, Inc.	-27.95%	-0.05%

Correlation

The correlation between RDYY and RDDT is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.98

Return for Risk

RDYY vs. RDDT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RDYY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

RDDT

RDDT Risk / Return Rank: 54
RDDT Sharpe Ratio Rank: 55
RDDT Sortino Ratio Rank: 55
RDDT Omega Ratio Rank: 53
RDDT Calmar Ratio Rank: 53
RDDT Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RDYY vs. RDDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax RDDT Option Income Strategy ETF (RDYY) and Reddit, Inc. (RDDT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RDYY	RDDT	Difference
Sharpe ratio: Return per unit of total volatility	—	0.35	—
Sortino ratio: Return per unit of downside risk	—	0.97	—
Omega ratio: Gain probability vs. loss probability	—	1.11	—
Calmar ratio: Return relative to maximum drawdown	—	0.43	—
Martin ratio: Return relative to average drawdown	—	0.77	—

Drawdowns

RDYY vs. RDDT - Drawdown Comparison

The maximum RDYY drawdown since its inception was -51.16%, smaller than the maximum RDDT drawdown of -61.41%. Use the drawdown chart below to compare losses from any high point for RDYY and RDDT.

Drawdown Indicators

	RDYY	RDDT	Difference
Max Drawdown Largest peak-to-trough decline	-51.16%	-61.41%	+10.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-54.99%	—
Current Drawdown Current decline from peak	-34.72%	-38.82%	+4.10%
Average Drawdown Average peak-to-trough decline	-28.76%	-24.62%	-4.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.50%	—

Volatility

Volatility by Period

	RDYY	RDDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	48.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.93%	66.62%	-11.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.93%	81.46%	-26.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.93%	81.46%	-26.53%

Dividends

RDYY vs. RDDT - Dividend Comparison

RDYY's dividend yield for the trailing twelve months is around 92.82%, while RDDT has not paid dividends to shareholders.

Position	TTM	2025
RDDT Reddit, Inc.	0.00%	0.00%
RDYY YieldMax RDDT Option Income Strategy ETF	92.82%	25.20%

Frequently Asked Questions

Can I hold both RDYY and RDDT in my portfolio?

With a correlation of 0.98, RDYY and RDDT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.